Saks Global to shutter 9 full-line stores

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Dive Insight: The 2024 merger of Saks Fifth Avenue and Neiman Marcus Group was meant to provide scale and synergies by combining the forces of America’s three biggest luxury department store names. In a court filing Tuesday, Saks Global Chief Restructuring Officer Mark Weinsten acknowledged what several observers have noted for months, that the tie-up ...